HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years

HONG KONG/LONDON (Reuters) - HSBC Holdings said on Tuesday it would shed $100 billion (76.93 billion pounds) in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years.The bank, which has long underperformed rivals, is seeking to become leaner and more competitive as it tries to grapple with a swathe of challenges: slowing growth in its major markets, the coronavirus epidemic,..